Twin Capital Management Inc. Takes Position in Qnity Electronics, Inc. $Q

Twin Capital Management Inc. acquired a new position in shares of Qnity Electronics, Inc. (NYSE:Q) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 5,820 shares of the premier technology solutions leader’s stock, valued at approximately $672,000.

Several other large investors have also made changes to their positions in the company. Oregon Public Employees Retirement Fund boosted its stake in shares of Qnity Electronics by 0.3% during the first quarter. Oregon Public Employees Retirement Fund now owns 24,004 shares of the premier technology solutions leader’s stock valued at $2,770,000 after purchasing an additional 77 shares in the last quarter. AMG National Trust Bank boosted its position in Qnity Electronics by 3.4% during the first quarter. AMG National Trust Bank now owns 2,583 shares of the premier technology solutions leader’s stock valued at $298,000 after acquiring an additional 84 shares during the last quarter. Patton Fund Management Inc. raised its position in shares of Qnity Electronics by 7.0% in the 1st quarter. Patton Fund Management Inc. now owns 2,812 shares of the premier technology solutions leader’s stock worth $324,000 after acquiring an additional 185 shares in the last quarter. Capital Asset Advisory Services LLC lifted its stake in shares of Qnity Electronics by 3.8% in the 1st quarter. Capital Asset Advisory Services LLC now owns 5,755 shares of the premier technology solutions leader’s stock valued at $664,000 after purchasing an additional 213 shares during the period. Finally, Flynn Zito Capital Management LLC boosted its position in shares of Qnity Electronics by 10.0% during the 1st quarter. Flynn Zito Capital Management LLC now owns 2,737 shares of the premier technology solutions leader’s stock valued at $316,000 after purchasing an additional 248 shares in the last quarter.

Analyst Ratings Changes

Q has been the subject of a number of research reports. BMO Capital Markets raised their price target on shares of Qnity Electronics from $180.00 to $185.00 and gave the stock an “outperform” rating in a report on Monday, July 6th. The Goldman Sachs Group reiterated a “buy” rating and issued a $165.00 target price on shares of Qnity Electronics in a research note on Wednesday, May 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qnity Electronics in a research report on Friday, May 8th. Zacks Research raised Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. Finally, Deutsche Bank Aktiengesellschaft set a $180.00 target price on Qnity Electronics in a research note on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Qnity Electronics presently has a consensus rating of “Buy” and an average price target of $151.78.

Qnity Electronics Stock Down 3.3%

Shares of NYSE Q opened at $135.55 on Friday. Qnity Electronics, Inc. has a 12 month low of $70.50 and a 12 month high of $177.28. The firm has a market capitalization of $28.38 billion and a price-to-earnings ratio of 46.58. The company has a current ratio of 2.12, a quick ratio of 1.57 and a debt-to-equity ratio of 0.54. The business has a 50-day moving average of $153.11 and a 200-day moving average of $126.87.

Qnity Electronics (NYSE:Q) last released its earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.92 by $0.16. The firm had revenue of $1.31 billion during the quarter. The firm’s quarterly revenue was up 17.6% on a year-over-year basis. Qnity Electronics has set its FY 2026 guidance at 3.800-4.140 EPS. Sell-side analysts expect that Qnity Electronics, Inc. will post 4.16 earnings per share for the current fiscal year.

Qnity Electronics Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be given a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Monday, August 31st. Qnity Electronics’s dividend payout ratio (DPR) is currently 11.00%.

Qnity Electronics Profile

Qnity Electronics Inc is a premier technology solution provider across the semiconductor value chain. Qnity Electronics Inc is based in WILMINGTON, Del.